Deals
GERMANY - Partech leads Private Sale investment
Partech International has led a funding round, believed to be worth in excess of EUR 10m, for online retailer Private Sale GmbH, alongside existing investors Mangrove Capital Partners and Holtzbrinck Ventures.
FRANCE - 123Venture acquires JP Gruhier
123Venture has completed a secondary management buyout of sofa-bed producer JP Gruhier from the founders and previous investors Ciclad and IDI for an undisclosed sum.
UK - NES supports waste management plant
The New Earth Solutions Recycling Facilities Investment Fund has provided financing to support the launch of a waste management plant at Blaise Farm Quarry.
FRANCE - Jamplant buys Kelkoo from Yahoo
Newly established UK-based private equity firm Jamplant has acquired price comparison website Kelkoo from Yahoo!.
FRANCE - CAPE backs EUR 2m Weole funding
Crédit Agricole Private Equity (CAPE), via its FCPR Capenergie fund, has invested EUR 1m as part of a EUR 2m funding round for Weole Energy, a producer of small- to medium-capacity wind turbines, alongside alternative energy supplier Direct Energie.
SWEDEN - Ratos acquires remaining MCC shares for SEK 210m
Ratos has acquired the remaining 40% of MCC, a supplier of climate comfort systems for buses, off-road and speciality vehicles, from founder Gunner Mannerheim for SEK 210m.
SPAIN - Arcano invests EUR 20m into Contratas La Mancha
Arcano has invested EUR 20m into real estate developer Contratas La Mancha, taking a 44% stake in the business.
UK - NVM yields 2.6x money from Stainton sale
NVM Private Equity has sold street lighting columns manufacturer Stainton Metal Company Ltd to Valmont Industries, a NYSE-listed group whose manufacturing activities include lighting and traffic poles, for an undisclosed sum, generating an initial return...
UK - SEP invests £5m into Cmed
Scottish Equity Partners (SEP) has invested ТЃ5m into clinical research data firm Cmed Group.
FRANCE - Demeter et al. back EUR 20 Solairedirect investment
Demeter Partners, Schneider Electric Ventures and TechFund have backed a EUR 20m capital increase in portfolio company Solairedirect, a renewable energy producer, alongside insurance companies Macif, AGPM, UMR and Ofivalmo Partners.
SPAIN - Inveralia divests Grupo Zena
Inveralia has sold its minority stake in restaurant group Zena to an undisclosed strategic investor.
SWEDEN - Scope supports Pocketstället
Scope, through Scope Growth II LP, has invested an undisclosed sum into Swedish book distributor, P Pocketstället AB.
ITALY - Cape buys Duplomatic for EUR 3.5m
Cimino & Associati Private Equity (Cape) has wholly acquired industrial manufacturer Duplomatic Automazione from AXA Private Equity in a leveraged buyout valued at around EUR 3.5m.
PORTUGAL - Inter-Risco-backed NewCoffee acquires New Espresso Co
Platform business NewCoffee Co, which is owned by Inter-Risco, Inovacapital and Iberpartners, has acquired New Espresso Co, the Horeca subsidiary of coffee manufacturer Lavazza in Portugal.
SPAIN - Talde invests EUR 1m into Neos Surgery
Talde Capital, through its fund Sendogi Capital, has invested EUR 1m into neurosurgery devices specialist Neos Surgery.
ITALY - Argos and MPS acquire Renel Care
A consortium led by Argos Soditic and MPS Venture has signed a binding agreement for the acquisition of Sorin business unit Renal Care.
GERMANY - HTGF et al. backs United Maps
High-Tech Gründerfonds, Bayern Kapital and SpaceTec Capital Partners have made an undisclosed investment into cartography start-up United Maps GmbH.
AUSTRIA - Gilde Buy Out Partners acquires Powerlines
Gilde Buy Out Partners has agreed to acquire technical infrastructure services company Powerlines Group in a secondary buyout from Invest Equity for an undisclosed amount.
The wheel turns...
With pressure mounting on both GPs and LPs alike as the post-crunch economic decline stagnates the primary market, the cycle seems once more to have turned in favour of secondaries players. Ashley Wassall reports.
GERMANY/UK - Riverside-backed Sage makes fourth acquisition
Riverside Company-backed international communications company Sage Holdings has acquired Capital Precision, a UK-based provider of capital markets intelligence.
FINLAND - Sofinnova et al. inject EUR 40m into Blyk
Existing investors Sofinnova Partners, IFIC, Goldman Sachs and private individuals have invested EUR 40m into Finnish mobile network for young people, Blyk.
IRELAND - Irish goverment in talks with private equity
The Irish government has been reported as being in talks with private investors from outside the country regarding a possible investment into its banking sector, with US-based JC Flowers thought to be amongst the interested parties.
GERMANY - ATS et al. invest EUR 65m into GANYMED
ATS Beteiligungsverwaltung GmbH has participated in a EUR 65m financing round for biopharmaceutical company GANYMED Pharmaceuticals AG, alongside Future Capital AG, MIG Verwaltungs AG, and private investors.
FRANCE - CAPE and Demeter invest EUR 3m into Methaneo
Crédit Agricole Private Equity (CAPE) and Demeter Partners have each invested EUR 1.5m into renewable energy business Methaneo.